[HELP] P2P Buyer sent less than agreed - Was I "bullied" into a trade?

[khaled0111]

If the buyer does not pay as per the deal, contact him again and hopefully he will pay you in full. Save the screenshot of the chat from the buyer and make sure you are in the right place.

There is no need to take any screenshots as the Binance dispute resolution team has full access to the chat conversation and to all the information related to the trade in question. The only information you need to provide is a screenshot or a video recording from your bank account or any other payment method that shows the exact amount you have received.
What I would recommend though, and I can’t stess this enough, is to keep the conversation on the exchange's chat and never discuss the trade with the counterparty on a third-party app.

[Moreno233]

This is a regular scam pattern we facdd in the P2P transactions in those centralised exchanges. Merchants that do this type of thing are practically in each and everyone one of those exchanges. This is the reason people should be careful before releasing the coins.  I have even seen a situation where the merchant use the chat to attempt to negotiate price siting the volatility of Bitcoin as the reason the lose money in the business.

[Dogedegen]

it is sad to hear how people like to cheat others and swindle them off their sweats in the name of hustling. Living off people’s hard earned money by taking advantage of either their ignorance or their desperation to get the money. I am not an online police and would assume such a position but I will always keep a close eye and watch out for such cases in my own time so we can continue to sensitize each other on the ways and tricks these people use to manipulate innocent people from their own money.

Why would it be sad when it is quite common, it happens even here on this forum frequently a lot of the time. It happens everywhere that is why all of these things have reputation systems. If people understand how this world works and how to defend themselves against these things, the chance of being cheated is very low. Only some complicated cheating would work on you but if you are not a target then this won't happen to you. We live in a world where being a criminal or a bad person is not punished often enough or strictly enough so this is expected. If the consequences for cheating are low, many people will cheat. Only truly good people would not cheat if nobody is watching.

In a case like this don't release the coin quickly create a dispute. That way the Customer Service will have to look into the trade. As far as p2p is concerned no one will sanction you for creating a dispute as far as you were under paid. To avoid similar occurrence it's best not to negotiate payment at all because there is an automatic price set for each trade.

They are paid to do the job of resolving disputes and protecting both parties in these transactions, so it is very weird if someone thinks that they will get in trouble for this. The user should read more about how things work before using them, and I even previously wrote that there was no bullying involved at all. Just a bad situation and inexperience, which can be prevented from happening with all kinds of platforms with more knowledge.

[Godwill888]

I have important question to ask once you release the coins. And he or she don't send the money to the person. and you report the account and it got banned how we you get your coins back because am still newbie here.

[Franctoshi]

I’m a bit of a newbie to P2P and I think I just made a mistake. Looking for some advice so I don't get burned again.
I was in a trade today and we were bargaining the price in the chat. We finally agreed on a rate, but the buyer sent a lower amount than we discussed and immediately clicked "Payment Completed."
I felt pressured because I didn’t want to get my account sanctioned or flagged for "holding" funds, so I just released the coins. Now I feel like I got played.
My questions for the veterans here:

• Was I actually at risk of being sanctioned if I opened a dispute?
• Is this a common tactic to bully new sellers into a lower rate?
• If this happens again, what is the best way to handle the moderator dispute without looking like the "bad guy"?

I'd appreciate any tips on how to handle these "price switch" situations. I’m trying to keep my account rating high but I don't want to keep losing money.
- Newbie trying to learn

Op, let me point out your mistake first. The system sets the rates, which are based on the demand and supply of coins you want to trade plus the value of the currency you're exchanging to at the moment, so you don't have any business negotiating rates with the buyer.

Measures to take:
→Next time, use the filter button and select “only verified advertisers” and a few other options and avoid those enticing rates, and that has worked quite fine for me.

→ Once you want to open an order, check completion ratings and never choose anything below 90%. This way, you will begin to trade with fewer potential scammers on the P2P platform.